Just wondering as to what the rest do as far as credit card payment, I pay mine in full every time (3 different cards w/ different institutions) and it's great not having debit but I been stuck at an 810 credit score for over a year and today my banker told me it won't go any higher unless I payoff the house (not happening anytime soon) or I start paying partial of my credit card bill (not minimum but not full either). That way banks can score some on interest and thus for reward you with a higher credit score. If I do go this route for 1 year my score should be at 840 or close. I think I'll stick with 810 it still gets me everything I ever want & need.

How about you guys have you heard of this fact before? Beside me I don't know anybody who actually pays their credit cards in full every time or at least once a year.

 

Yes it's true that you will have a higher credit score if you make payments instead of paying them off every time. Reason being is you prove you can make payments to pay it off instead ofor already having the money saved before using the card to just pay in full. Also as I have said for a long time, only way to have good credit is to "buy" it by paying interest

That's a very good credit score though! Mine is 802

 

What John says must be fact.
I have paid off my credit cards in full every month for 20 years.
The house has been paid off for 10 years and I have no debt.
My credit score has been 811 for at least 10 years. All things considered I wouldn't change a thing. Far better to receive cash rewards from my credit card than paying interest. Credit score doesn't matter if I don't need a loan.

 

I don't have any credit cards, heck I don't even have a personal bank account, have not had one for over 7 years now... My credit score is in the double digits... and I don't even care. Cash is King.

 

Keep in mind guys, anything over a 800 credit score if you have a job, your credit to debt ratio is in check and get denied a loan (highly unlikely) that bank is on crack, go to the bank across the street and you will get it!

 

just started getting into my credit and building it this past april, i use credit karma and they helped me pay off some debt i went from a 5something in april and now at a 720, i have 3 credit cards, and for my 2 i pay off right away and the one i make payments on, every week i get updates and my score goes up once a month because of the payments